D Question 23 1 pts Smith Inc. made a $25,000 sale on account with the following terms: 1/15, n/30. If the company uses the net method to record sales made on credit, how much should Smith record as revenue? O $25,250. O $24,750. O $25,000. O $24,500. U Question 24 1 pts Smith Company has the following items at year-end: Cash in bank $34,000 Petty cash 300 Short-term paper with maturity of 2 months Postdated checks 1,400 Smith should report cash and cash equivalents of 5,500 O $34,300. O $34,000. O $39,800. O $41,200